Vinny Gaines
All of my financials for pre approved hard money....what gives?
I'm looking for a hard money lender and I am being asked to provide all of my financials and credit for a 'pre approval'...I'm confused...why would there be a pre approval without a deal being submitted? and why am I ...
Sean Beyrouthy
BRRRR - Seasoning Period - Refinance
Hello all! I am an investor in Delaware county right outside of Philadelphia. I currently have two rentals properties near Widener University and looking for my third. I know finding a full BRRRR in the current real e...
Anthony Martin
Commercial Zoning?
Hello BP!
So, my last deal fell through, but a new one came across my desk. It's a 4plex of townhouses, but for some reason it's zoned Commercial. It's located between the back end of an apartment complex a...
Katie Stroman
Renting an accessory dwelling unit
I recently purchased a SF home with an ADU. One owner used it as an in law suite and another as an office. It is fully functional with a full bathroom and kitchen and over 700 square feet of living space. I've been to...
Alexander Spira
How to figure 750 hour to write off losses
I want to make sure I rack up 750 hours doing real estate this year to get my losses counted against my W2 earnings. I have 6 units and it is taking up lots of my time.
The question is what counts ? For example to se...
Amy A.
Florida condo rentals?
I've stayed in condos in Florida a few times that are individually owned but rented out like hotel rooms with on-site management. Does anybody have experience with these? I'm looking for more hands-off investments. ...
Christian Sorrell
Are there ways to get Preapproval for a US Mortgage as a Canadian Citizen?
Hello everyone, I am just starting out in Real Estate and I am looking for some advice on how to get started. I would like to know how to get pre approved for a mortgage to purchase a US Property, preferably in Florid...
N/A N/A
Is this a capital gain?
I'm involved in an assignment or a double closing. Party A is selling her home ( personal not eligible for 1031 I dont think) for 375,000 to party B, then B will sell it or assign it to Party C for a FEE of $50,000.
...
Mike Oconnell
Would you rent to a tenant who's income is paid "under the table"
Would you consider a tenant applicant who supposedly has great rental history, great work references, etc., but works for himself and gets paid in cash, "under the table"?This is a red flag for me as I assume if he bl...
Victoria Lorick
Help!! Need help with Purchasing a Mobile Home
Hi all!
I recently ran across a Mobile home that says its remodeled for 13k OBO and it's presented as a mobile with 3 individual efficiencies. Each with separate entry/exits new baths in excellent cond. it seem to be...